Connect with us

Hi, what are you looking for?

Economy

House Freedom Caucus embraces Trump budget proposal ‘paradigm shift’

The House Freedom Caucus described President Donald Trump’s budget proposal as ‘a paradigm shift,’ and members of the conservative group expressed support for the president’s plan.

‘This is how you break the Swamp. Passing MAGA Republican priorities in reconciliation with Republican votes — ending Democrats’s leverage against the President in appropriations to fund the Left’s wasteful, woke and weaponized bureaucracy. The FY26 budget is a paradigm shift,’ the Freedom Caucus declared in a post on X.

The president is seeking to decrease non-defense discretionary spending and boost funding for defense.

Trump ‘is proposing base non-defense discretionary budget authority (of) $163 billion, 22.6 percent below current-year spending, while still protecting funding for homeland security, veterans, seniors, law enforcement, and infrastructure,’ Office of Management and Budget Director Russell Vought indicated in a message to Senate Committee on Appropriations Chair Sen. Susan Collins, R-Maine.

‘For Defense spending, the President proposes an increase of 13 percent to $1.01 trillion for FY 2026; for Homeland Security, the Budget commits a historic $175 billion investment to, at long last, fully secure our border. Under the proposal, a portion of these increases — at least $325 billion assumed in the budget resolution recently agreed to by the Congress — would be provided through reconciliation, to ensure that our military and other agencies repelling the invasion of our border have the resources needed to complete the mission,’ he explained.

Rep. Chip Roy, R-Texas, a member of the House Freedom Caucus, has expressed support for the president’s proposal.

‘This budget re-aligns federal spending to the priorities of the people: a secure nation, making America healthy again, a Justice Department combatting crime and not weaponized against the people, and common sense,’ the congressman declared in a statement.

GOP hopes to move toward

‘Combined with our joint efforts to rescind other wasteful spending and deliver a reconciliation bill that will extend and expand the Trump tax cuts while reforming Medicaid and other programs to reduce deficits, we are poised to deliver prosperity, freedom, and strength to the American people,’ he said.

Rep. Andy Ogles, R-Tenn., another member of the House Freedom Caucus, referred to Trump’s proposal as ‘a game-changing budget,’ in a post on X, asserting it ‘is exactly what Republicans were elected to deliver: securing the homeland, cutting the federal government, and crippling the deep state.’

Freedom Caucus member Rep. Barry Moore, R-Ala., described the president’s budget as ‘a bold step toward fiscal responsibility.’

This post appeared first on FOX NEWS
Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Investing

    Overview Rua Gold (CSE:RUA,OTC:NZAUF,WKN:A4010V,OTCQB:NZAUF) is a gold exploration company focused on two prolific, historic gold-producing regions in New Zealand: Hauraki Goldfield and Reefton Goldfield....

    Editor's Pick

    Sister Stephanie Schmidt had a hunch about what her fellow nuns would discuss over dinner at their Erie, Pennsylvania, monastery on Wednesday night. The...

    Stock

    Warner Bros. Discovery said Thursday its streaming platform Max added 7.2 million global subscribers in the third quarter. It marked the biggest quarterly growth for...

    Editor's Pick

    Former independent presidential candidate Robert F. Kennedy Jr. is back in the headlines — not for suspending his campaign last week and endorsing Republican...

    Disclaimer: wisetradeinvesting.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.